Summary of Economic Impact Analysis for Three Capes Track

The full version of the Economic Impact Analysis for Three Capes Track 2008 can be downloaded as a PDF File (588 Kb)

Summary

The Feasibility Study for the Three Capes Track, released in May 2007, included a Business Case with an estimation of visitor expenditure using data from the Tasmanian Visitor Survey. In order to provide greater certainty over the projected economic benefits, particularly at the regional level, the Parks and Wildlife Service engaged Syneca Consulting to undertake detailed economic modelling, which was completed in April 2008.

The modelling was based on the likely peak season capacity of 10,000 walkers and looked at visitor spend on items such as transport, accommodation, food provisions and ancillary services. The analysis indicates that the development of the Three Capes Track is projected to generate $3.1 million in visitor spending on the Tasman Peninsula per year, and create 70 new jobs.

The Tasman Council, Tourism Tasmania and Parks and Wildlife Service were joint funding partners in this project.